NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2014
Financial Statements
114
COSCO Corporation (Singapore) Limited
21.
Investments in subsidiaries
(continued)
Name
Principal
activities
Country of
incorporation/
business
Cost of
investment
Proportion of
ordinary shares
directly held by
the Company
Proportion of
ordinary shares
held by the
Group
Proportion of
ordinary shares
held by non-
controlling
interests
2014
2013
2014
2013
2014
2013
2014
2013
$’000
$’000
%
%
%
%
%
%
COSCO
(Qidong)
Offshore Co.,
Ltd (iii) and
(iv)
Marine
engineering
PRC
–
–
–
–
31
31
69
69
COSCO
Dalian Rikky
Ocean
Engineering
Co., Ltd (iii)
Overhaul, repair,
commissioning
and spare-parts
replacement of
governor,
turbocharger
and engine fuel
system
PRC
–
–
–
–
38
38
62
62
COSCO
(Nantong)
Clavon Ship
Engineering
Co.,Ltd
(formerly
known as
COSCO
(Nantong)
Ocean
Shipyard
Co., Ltd) (iii)
Ship repair
and corrosion
control
PRC
–
–
–
–
31
31
69
69
Zhongxing
Sea-Land
Engineering
Co., Ltd
(formerly
known as
Zhongyuan
Sea-Land
Engineering
Co., Ltd) (iii)
Ship repair
PRC
–
–
–
–
26
26
74
74
COSCO
Shipyard
Total
Automation
Co., Ltd (iii)
Design,
manufacture,
sale and
technical
service relating
to vessels
and industrial
instruments
PRC
–
–
–
–
31
31
69
69
